Seller's Agent in 2020
George Ouzounian
The Agency
(818) 000-0000
342 Total Sales
891 E 53rd St Los Angeles, CA 90011
South Park NeighborhoodEstimated Value: $662,000 - $869,000
5
Beds
2
Baths
1,918
Sq Ft
$391/Sq Ft
Est. Value
Highlights
- Craftsman Architecture
- Recessed Lighting
- Tankless Water Heater
- Double Pane Windows
- Laundry Room
- Central Heating and Cooling System
About This Home
As of April 2020All-Utilities-Included Studio Near South Park – 891 E 53rd St, Los Angeles 90011
Live simply and save big in this bright, budget-friendly 400 sq ft studio tucked onto a quiet residential block just two short blocks from South Park Recreation Center. With the owner covering water, sewer, trash, electricity and gas, your monthly costs stay predictable all year.
Inside, a smart open layout lets you create distinct sleep, work, and lounge zones without wasted hallway space. The kitchenette comes move-in ready with a full-size refrigerator and electric range—just add your favorite cookware and you’re set.
Why you’ll love it
No utility bills—ever. All services are paid by the owner.
Walk Score 78: “Very Walkable.” Daily errands, transit stops, and neighborhood markets are an easy stroll.
Walk Score
Steps to South Park Recreation Center for morning runs, weekend picnics, sports courts, and a summer pool.
Walk Score
Quick bike, bus, or Metro A-Line ride to USC, Exposition Park museums, Crypto Arena, and DTLA nightlife.
Fast freeway access to I-110 & I-10 for commuters.
Cats and small dogs welcome (additional deposit). Street parking I usually find parking at the school nearby. Requirements: 620 credit score, anything less is double the deposit. No Evictions, Bankruptcy OK. Gross income 3 times the Rent!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,805
Year Built
- Built in 1902 | Remodeled
Lot Details
- 4,599 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Duplex
- Craftsman Architecture
- Turnkey
- Raised Foundation
- Shingle Roof
- Composition Roof
- Copper Plumbing
Interior Spaces
- 1,918 Sq Ft Home
- Recessed Lighting
- Double Pane Windows
- Family Room
- Laminate Flooring
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Location
- Urban Location
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for all utilities, cable TV, electricity, trash collection, water
- Tax Lot 36
- Assessor Parcel Number 5103025006
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $850
- Trash Expense $500
- Water Sewer Expense $500
- New Taxes Expense $6,694
- Operating Expense $8,544
- Gross Income $49,200
- Net Operating Income $3,240
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 6, 2019
Sold by
Mardigian Shant and Mardigian Emelia
Bought by
Delorbe Gadiel Del
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,000
Interest Rate
3.4%
Mortgage Type
VA
Purchase Details
Closed on
May 5, 2017
Sold by
Mardigian Shant and Mardigian Emelia
Bought by
Mardigian Shant and Mardigian Emelia
Purchase Details
Listed on
Mar 8, 2012
Closed on
Jun 6, 2013
Sold by
Artinian Hratch and Sarkissian Krikor
Bought by
Mardigian Shant and Mardigian Emelia
Seller's Agent
JENNIFER BROWN
Strategic Legacy Realty Headquarters, Inc.
Buyer's Agent
JENNIFER BROWN
Strategic Legacy Realty Headquarters, Inc.
List Price
$295,000
Sold Price
$265,000
Premium/Discount to List
-$30,000
-10.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.98%
Original Mortgage
$198,750
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 8, 2009
Sold by
Sarkissian Nora
Bought by
Sarkissian Krikor
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 5, 2009
Sold by
Cm Reo Trust
Bought by
Artinian Hratch and Sarkissian Krikor
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 6, 2008
Sold by
Alfaro Jaime
Bought by
Cm Reo Trust
Purchase Details
Closed on
Oct 11, 2005
Sold by
Campos Joel and Martinez Jesus
Bought by
Alfaro Jaime
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Sep 24, 2004
Sold by
Bautista Alvaro
Bought by
Campos Joel and Martinez Jesus
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,800
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 29, 2004
Sold by
Bautista Norma D
Bought by
Bautista Alvaro
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
9.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 16, 2004
Sold by
Cole Troy Lee and Dorothy M Cole Revocable Trust
Bought by
Bautista Alvaro
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
9.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 13, 2004
Sold by
Cole Dorothy M
Bought by
Cole Dorothy M and The Dorothy M Cole Revocable T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
9.4%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Delorbe Gadiel Del | $579,000 | Lawyers Title | |
| Mardigian Shant | -- | None Available | |
| Mardigian Shant | $265,000 | Stewart Title Of California | |
| Sarkissian Krikor | -- | Servicelink | |
| Artinian Hratch | -- | Servicelink | |
| Artinian Hratch | $195,000 | Servicelink | |
| Cm Reo Trust | $359,000 | None Available | |
| Alfaro Jaime | $440,000 | Fidelity National Title Comp | |
| Campos Joel | $340,000 | Fidelity National Title Comp | |
| Bautista Alvaro | -- | Fidelity National Title Co L | |
| Bautista Alvaro | $205,000 | Fidelity National Title | |
| Cole Dorothy M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Delorbe Gadiel Del | $579,000 | |
| Previous Owner | Mardigian Shant | $273,000 | |
| Previous Owner | Mardigian Shant | $198,750 | |
| Previous Owner | Artinian Hratch | $146,250 | |
| Previous Owner | Artinian Hratch | $146,250 | |
| Previous Owner | Alfaro Jaime | $475,000 | |
| Previous Owner | Alfaro Jaime | $308,000 | |
| Previous Owner | Campos Joel | $329,800 | |
| Previous Owner | Bautista Alvaro | $164,000 | |
| Closed | Bautista Alvaro | $41,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/05/2025 07/05/25 | Off Market | $1,750 | -- | -- |
| 06/02/2025 06/02/25 | Price Changed | $1,750 | +2.9% | $4 / Sq Ft |
| 05/27/2025 05/27/25 | Price Changed | $1,700 | -2.9% | $4 / Sq Ft |
| 04/29/2025 04/29/25 | For Rent | $1,750 | 0.0% | -- |
| 04/01/2020 04/01/20 | Sold | $579,000 | -2.7% | $302 / Sq Ft |
| 02/22/2020 02/22/20 | Pending | -- | -- | -- |
| 08/05/2019 08/05/19 | For Sale | $595,000 | +124.5% | $310 / Sq Ft |
| 07/19/2013 07/19/13 | Sold | $265,000 | -10.2% | $138 / Sq Ft |
| 05/17/2013 05/17/13 | Pending | -- | -- | -- |
| 03/08/2012 03/08/12 | For Sale | $295,000 | -- | $154 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,805 | $633,216 | $404,647 | $228,569 |
| 2024 | $5,805 | $620,801 | $396,713 | $224,088 |
| 2023 | $5,762 | $608,630 | $388,935 | $219,695 |
| 2022 | $5,594 | $596,697 | $381,309 | $215,388 |
| 2021 | $5,514 | $584,998 | $373,833 | $211,165 |
| 2020 | $3,935 | $297,031 | $190,550 | $106,481 |
| 2019 | $3,790 | $291,208 | $186,814 | $104,394 |
| 2018 | $3,710 | $285,499 | $183,151 | $102,348 |
| 2016 | $3,534 | $274,415 | $176,040 | $98,375 |
| 2015 | $3,485 | $270,294 | $173,396 | $96,898 |
| 2014 | $3,522 | $265,000 | $170,000 | $95,000 |
Source: Public Records
Agents Affiliated with this Home
-
George Ouzounian
-
Gina Michelle
Seller Co-Listing Agent in 2020
Gina Michelle
The Agency
(818) 850-1458
230 Total Sales
-
J
Seller's Agent in 2013
JENNIFER BROWN
Strategic Legacy Realty Headquarters, Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR19184227
APN: 5103-025-006
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